Anglo Pacific Group PLC Company Share Option Plan & Notification of PDMR (0645B)
October 02 2015 - 6:19AM
UK Regulatory
TIDMAPF
RNS Number : 0645B
Anglo Pacific Group PLC
02 October 2015
News Release
October 2, 2015
Anglo Pacific Group PLC
Company Share Option Plan
and Notification of Transaction by PDMR
Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY)
announces that on October 1, 2015 it granted to employees a total
of 84,414 options to buy ordinary shares of 2 pence each in the
Company at an exercise price of GBP0.77 per share under the Anglo
Pacific Group Company Share Option Plan ("CSOP"). Some of these
options have been granted on the condition that previous options
granted under the CSOP, the performance conditions of which have
not been met, will be cancelled. Consequently, the Company expects
outstanding options over 10,543 shares to be cancelled as a result
of the grants.
More information on the CSOP is available in the Company's
Annual Report 2013, which can be found at
www.anglopacificgroup.com.
Following the grant, the Company received notification on
October 1, 2015 from a person discharging managerial
responsibilities ("PDMR"), Kevin Flynn, the Company's Chief
Financial Officer and Company Secretary, that he had agreed to the
cancellation of outstanding options over 10,543 shares and had been
granted new options over 25,974 shares pursuant to the CSOP at an
exercise price of GBP0.77 per share. The Company also received a
notification on October 1, 2015 from another PDMR, Juan Alvarez,
the Company's Head of Investments that he had been granted options
over 6,493 shares pursuant to the CSOP at an exercise price of
GBP0.77 per share.
This notification is intended to satisfy the Company's
obligations under Disclosure and Transparency Rule 3.1.4R.
For further information:
Anglo Pacific Group PLC
Julian Treger - Chief Executive
Officer
Kevin Flynn - Chief Financial +44 (0) 20 3435
Officer & Company Secretary 7400
Website: www.anglopacificgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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